LONDON--(BUSINESS WIRE)--Technavio has been monitoring the smart TV market and it is poised to grow by 266.03 million units during 2019-2023, progressing at a CAGR of 21% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technological advancements in smart TV software and display resolutions have been instrumental in driving the growth of the market. However, challenges with security and privacy concerns related to smart TVs might hamper the market growth. Request a free sample report
Smart TV Market 2019-2023: Segmentation
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31564
Smart TV Market 2019-2023: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our smart TV market report covers the following areas:
- Smart TV Market size
- Smart TV Market trends
- Smart TV Market industry analysis
This study identifies the growing influence of digital media on smart TV advertising and marketing as one of the prime reasons driving the smart TV market growth during the next few years.
Smart TV Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the smart TV market, including some of the vendors such as Koninklijke Philips NV, LG Electronics Inc., Samsung Electronics Co. Ltd., Sony Corp., and VIZIO Inc. Backed with competitive intelligence and benchmarking, our research reports on the smart TV market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Smart TV Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist smart TV market growth during the next five years
- Estimation of the smart TV market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the smart TV market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of smart TV market vendors
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.